Friday 4 January 2019

SOCO International plc("SOCO" or "the Company")

DIRECTORS/PDMR SHAREHOLDINGS

Awards under the Company's Deferred Share Bonus Plan

The Company announces that on 3 January 2019, Persons Discharging Managerial Responsibilities (“PDMRs”) were granted deferred bonus awards over ordinary shares of £0.05 each in the Company (“Shares”), relating to a performance related annual bonus earned for 2018, under the SOCO International plc 2014 Deferred Share Bonus Plan (the “DSBP”) as follows:-

PDMRs

Position

No of Shares granted

Ed Story

Chief Executive Officer

353,594

Jann Brown

Managing Director and Chief Financial Officer

216,942

Dr Mike Watts

Managing Director

216,942

Antony Maris

Chief Operating Officer

160,697

The number of Shares granted is equivalent to the relevant proportion of the 2018 annual bonus deferred, calculated on the basis of the middle market quotation (as derived from the Daily Official List) on the dealing day immediately preceding the date of grant (£0.726). Subject to the rules of the DSBP, these Shares will generally vest over two years from the date of grant.